Withholding Taxes

Withholding Taxes

As per the Terms and Conditions of the site, Resorts Casino will withhold money towards federal and state taxes as outlined below.

For Federal Tax withholding, both in New Jersey and Pennsylvania
  1. Gambling winnings for table games - We are required to withhold 24% of the net win as tax, if the transaction satisfies the following 2 criteria
    1. Gambling winnings less wagers are more than $5000
    2. Gambling winnings is 300x of the wagered amount
  2. Gambling winnings for slot game - None :)

For State Tax
  1. Pennsylvania - None :)
  2. New Jersey -3% state taxes, for both residents and non-residents, if there is a withholding for Federal Tax

    • Related Articles

    • W2G

      All W2G by default will be issued online only and will not be delivered by snail mail Players can access their W2G, from the top right account menu. Click on Information & security, then click Tax report. To view the W2G report and save it to local ...